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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its  credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […]

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MG and Fortum Install First Public Fast Charging Station in Gurugram

MG Motor India and Fortum have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. Underlining its commitment towards catalysing an EV revolution, MG (Morris Garages) Motor India and Fortum Charge & Drive India have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. The […]

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Europe to Lead RE Cost Reductions for Offshore Wind Through 2028

The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […]

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Electrify America, Lyft to Collaborate on EV Rideshare Charging

Electrify America is to provide the rideshare company Lyft’s Express Drive program renters of EV with convenient and included charging Electrify America has announced an agreement with Lyft to provide the rideshare company’s Express Drive program renters of electric vehicles (EV) with convenient and included charging on its DC fast-charging network. Express Drive is Lyft’s short-term […]

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NTPC Seeking O&M Service Providers for 15 MW Solar Plant

NTPC is seeking an operation and maintenance service provider for the firm’s 15 MW solar power project in Singrauli, Madhya Pradesh. NTPC Limited has issued a tender, inviting bids from eligible firms for providing comprehensive operation and maintenance services for the firms 15 MW solar power project in Singrauli, Madhya Pradesh. The scope of work […]

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ONGC Tenders for 15 MW Solar Energy Plant in Gujarat

ONGC has issued a tender for the development of a 15 MW solar PV plant in Gujarat. State-owned enterprise, the Oil and Natural Gas Corporation (ONGC) has issued a tender, inviting bids for the development of a 15 MW solar photovoltaic (PV) plant at the firms’ Vagra site in Bharuch District of Gujarat. The scope […]

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Enel Green Power Begins Work on 299 MW US Wind Farm

Enel Green Power North America has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Enel, through its US-based renewable company Enel Green Power North America, has announced that it has begun construction of the 299 MW Aurora wind farm in North Dakota. Expected to be fully operational […]

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Electric and Hybrid Vehicle Owners Provided Rs 360 cr in Subsidies: Javadekar

Prakash Javadekar has said that 2.85 lakh buyers of electric and hybrid vehicles have been supported by a subsidy of Rs 360 crore under the FAME Scheme. Union Minister Prakash Javadekar has said that about 2.85 lakh buyers of electric and hybrid vehicles have been supported by a subsidy of Rs 360 crore under the FAME India Scheme. […]

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Andhra Pradesh Drops Move to Introduce 350 Electric Buses

Andhra Pradesh has dropped the move to introduce 350 electric buses in the state, on the directions of the state Chief Minister YS Jagan Mohan Reddy The Andhra Pradesh State Road Transport Corporation (APSRTC) has dropped the move to introduce 350 electric buses in the state. On the directions of the state Chief Minister YS Jagan Mohan Reddy, […]

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